Intraday Market Thoughts
Archived IMT (2011.02.02)
by
Feb 2, 2011 19:24
S&P500 & Dow-30 Flirt OVERBOUGHT SIGNALS http://chart.ly/9rq9njw
Weekly S&P500 Relative Strength Index shows the highest overbought levels since September 2007. Last week was the S&P 500 fell for the 2nd straight week after it had SEVEN STRAIGHT WEEKLY GAINS. Those gains were the longest winning streak since 2007. IS THIS another sign of an impending top. NOTICE in the chart how there was a LAG in the S&P following the RSI decline. HAVE YOU VOTED FOR ME at the TWITTER AWARDS? Please state a reason here so that your vote is counted http://shortyawards.com/alaidi THANKS
Latest IMTs
-
Of Gold Extensions مقياس إمتدادات الذهب
by Ashraf Laidi | Apr 15, 2024 16:38
-
Bitcoin performance & Miners Prehalving
by Ashraf Laidi | Apr 9, 2024 17:07
-
English Translation to Arabic Interview
by Ashraf Laidi | Apr 7, 2024 21:01
-
فشل الفدرالي في إقناع الأسواق
by Ashraf Laidi | Apr 6, 2024 14:17
-
Typical Errors on Gold, Silver, USD
by Ashraf Laidi | Apr 1, 2024 16:14